2,265 Shares in Advanced Micro Devices, Inc. $AMD Acquired by TSG Advice Partners LLC

Key Points

• TSG Advice Partners acquired 2,265 AMD shares worth approximately $1.316 million in the third quarter. Institutional investors collectively own 71.34% of AMD, with major funds including BlackRock, State Street and Wellington increasing their positions.
• AMD insiders sold 231,100 shares valued at about $114.9 million over the past 90 days, though the reported transactions were conducted under pre-arranged Rule 10b5-1 trading plans. Insiders currently own 0.50% of the company.
• AMD shares opened at $466.84 after falling 7.5%, while investors focus on AI growth, Helios shipments and fourth-quarter guidance. Analysts maintain a “Moderate Buy” consensus with an average price target of $608.78, but the stock’s high valuation and expected earnings volatility present risks.

TSG Advice Partners LLC acquired a new position in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 2,265 shares of the semiconductor manufacturer's stock, valued at approximately $1,316,000.

A number of other hedge funds also recently bought and sold shares of AMD. BlackRock Inc. lifted its stake in shares of Advanced Micro Devices by 3.1% during the 2nd quarter. BlackRock Inc. now owns 150,301,510 shares of the semiconductor manufacturer's stock worth $87,311,650,000 after purchasing an additional 4,535,126 shares during the last quarter. State Street Corp boosted its position in Advanced Micro Devices by 2.9% during the second quarter. State Street Corp now owns 76,920,783 shares of the semiconductor manufacturer's stock valued at $46,606,266,000 after purchasing an additional 2,149,563 shares in the last quarter. Bank of America Corp DE bought a new stake in Advanced Micro Devices during the second quarter valued at about $7,022,226,000. Jennison Associates LLC grew its stake in Advanced Micro Devices by 5.8% in the second quarter. Jennison Associates LLC now owns 9,972,952 shares of the semiconductor manufacturer's stock valued at $5,793,388,000 after purchasing an additional 545,575 shares during the last quarter. Finally, Wellington Management Group LLP grew its stake in Advanced Micro Devices by 33.9% in the second quarter. Wellington Management Group LLP now owns 9,334,396 shares of the semiconductor manufacturer's stock valued at $5,422,444,000 after purchasing an additional 2,365,419 shares during the last quarter. Hedge funds and other institutional investors own 71.34% of the company's stock.

Insider Transactions at Advanced Micro Devices

In related news, EVP Mark Papermaster sold 28,811 shares of the stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $471.87, for a total value of $13,595,046.57. Following the completion of the transaction, the executive vice president directly owned 1,261,461 shares of the company's stock, valued at $595,245,602.07. This trade represents a 2.23% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Jean X. Hu sold 15,000 shares of Advanced Micro Devices stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $474.08, for a total transaction of $7,111,200.00. Following the completion of the sale, the executive vice president owned 160,979 shares of the company's stock, valued at $76,316,924.32. This trade represents a 8.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 231,100 shares of company stock worth $114,867,400 over the last ninety days. 0.50% of the stock is currently owned by insiders.

Trending Headlines about Advanced Micro Devices

Here are the key news stories impacting Advanced Micro Devices this week:

• Positive Sentiment: Expectations remain favorable for AMD’s AI business. Its Helios AI systems began shipping in September, and investors will look for evidence that the product ramp can accelerate revenue growth. Analysts also cite strong AI demand and increasing EPYC server adoption as potential catalysts. AMD Reports Tuesday: Here’s the Number That Will Show Whether It’s Gaining on Nvidia
• Positive Sentiment: Morgan Stanley raised its AMD price target from $465 to $510 while maintaining an Equal Weight rating, suggesting some upside despite a cautious stance. Separately, Tiger Global reportedly initiated a roughly $392 million AMD position, signaling institutional interest ahead of earnings. Morgan Stanley AMD Ratings
• Neutral Sentiment: Third-quarter revenue is expected to be close to AMD’s approximately $13 billion forecast, making fourth-quarter guidance the key share-price catalyst. Investors will focus on the pace of Helios shipments, AI demand from hyperscalers and management’s outlook for Nvidia competition. AMD’s Guidance in Focus During Q3 Results
• Negative Sentiment: AMD is entering the report after a sharp pullback from its high, with options markets implying substantial post-earnings volatility and some data suggesting a possible further decline. Its elevated valuation increases the risk of a negative reaction if guidance fails to exceed expectations. Ahead of AMD Earnings: What Barchart Data Says Comes Next
• Negative Sentiment: Intel’s warning has revived concerns about weakness in the PC market, while rising memory prices and tighter supply could pressure costs across AI infrastructure. Analysts have also flagged competition, high expectations and “circular investing” risks involving AI companies.

Advanced Micro Devices Trading Down 7.5%

Advanced Micro Devices stock opened at $466.84 on Tuesday. The stock has a 50-day moving average of $548.16 and a two-hundred day moving average of $410.43. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.91 and a current ratio of 2.61. Advanced Micro Devices, Inc. has a one year low of $188.22 and a one year high of $658.52. The stock has a market cap of $762.10 billion, a PE ratio of 120.01, a price-to-earnings-growth ratio of 5.94 and a beta of 2.45.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share for the quarter, topping the consensus estimate of $1.62 by $0.04. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%. The business had revenue of $11.54 billion during the quarter, compared to the consensus estimate of $11.31 billion. During the same quarter last year, the company earned $0.48 earnings per share. The company's quarterly revenue was up 50.1% on a year-over-year basis. On average, research analysts anticipate that Advanced Micro Devices, Inc. will post 6.50 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have commented on AMD shares. Rosenblatt Securities reiterated a "buy" rating and issued a $700.00 target price on shares of Advanced Micro Devices in a report on Tuesday, September 29th. CLSA restated an "outperform" rating and issued a $710.00 price target on shares of Advanced Micro Devices in a report on Wednesday, September 9th. Bank of America raised their price target on shares of Advanced Micro Devices from $620.00 to $720.00 and gave the company a "buy" rating in a report on Friday, September 25th. Royal Bank Of Canada reaffirmed a "sector perform" rating and issued a $540.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, August 5th. Finally, Wells Fargo & Company boosted their price objective on shares of Advanced Micro Devices from $615.00 to $700.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 5th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $608.78.

About Advanced Micro Devices

Advanced Micro Devices, Inc NASDAQ: AMD is a global semiconductor company that designs high-performance computing, graphics and adaptive computing products. Its offerings serve data centers, personal computers, gaming systems, embedded markets and other specialized applications.

AMD's product portfolio includes Ryzen processors for desktop and notebook computers, EPYC server processors, Radeon graphics processing units, and Instinct accelerators for artificial intelligence and high-performance computing.

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